460 N Switzer Canyon Drive
Flagstaff, AZ 86001
MLS# 176833
10000 sqft

460 N Switzer Canyon Drive, Flagstaff, AZ 86001
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460 N Switzer Canyon Drive, Flagstaff, AZ 86001 460 N Switzer Canyon Drive, Flagstaff, AZ 86001

Property Description
Hard to find true investment property with a 7% CAP. 3 tenant, 10,000 sf retail and office building is now available on the busy Switzer Canyon corridor. Long term NNN leases with newer improvements to the building including new roof less than 5 years old, sewer lines, and individual leasehold improvements. Tons of surface parking spaces on nearly a 3/4 acre lot. With new medical facilities planned across the street in addition to continued residential growth in the area, this property is the opportunity you have been waiting for!

Contract Info
List Price: $2,300,000
Current Price: $2,300,000
List Price/SqFt: 230
Property Sub-Type: Retail Building
List Date: 2019-04-05
Location, Tax & Legal
County: Coconino
Region: 10 - North West City
Area: 135 - Switzer Mesa
APN: 10125002
Street #: 460
Direction: N
Street Name: Switzer Canyon
Suffix: Drive
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Cross Street: Route 66
Legal Description: To be provided
Zoned: HC
Taxes: 9700
Tax Year: 2018
Geo Lat: 35.197749
Geo Lon: -111.634974
Key Words
Sale/Rent: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 1 - 4
Land Size: .5 - .9 AC
Trade/Exchange: Submit
General Property Description
Dimensions: 154 x 198
Acres: 0.69
Year Built: 1973
Approx SqFt: 10000
# Docks: 1
Remarks & Misc
Directions: Ideally situated just north of Route 66 on N. Switzer Canyon Dr across from the former auto dealerships.
Status Change Info
Status: Active
Inc/Exp (Annual)
Grs Op Inc $: 180000
Property Features
Inc/Exp (Annual): Seller Prop Disc St
To Show: CLO/KILO; Drive By/Don't Enter; No Sign on Prop.
Terms of Sale: Cash; CTM/Assump; OMC; OMC w/Balloon; Submit
Leases: 1 Yr. +; CPI; Net; Option/Buy; Option/Renew
Util Pd by Tenant: Cable TV; CAM's; Electricity; Janitorial; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect; Water/Sewer
Docs on File: Leases; Legal Descrip.; Security Deposits
Interior Amenities: Display Window; Duo-Pane Win.; Fire Alarm Sys.; Security System; Shop; Showroom; Sprinklers
Exterior Amenities: Handic. Access; Landscaped; Loading Docks
Occupancy: Totally Leased
Management: Owner
Construction: One Story; Frame; Masonry
Roof: Comp./Built Up; Flat
Heating/Cooling: Central Htg; Gas; Indiv AC Units
Utilities: City Water; Electric; Indiv Metered; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: da Vinci Realty

Last Updated: November - 14 - 2019

460 N Switzer Canyon Drive, Flagstaff, AZ 86001 - MLS# 176833

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Friday 13th of December 2019 03:09 AM